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    MNP to improve cos’ service quality: BTRC

    Staff Correspondent | Updated at 01:56am on October 02, 2018

    The much-awaited mobile number portability service was launched Monday morning in Bangladesh. The MNP service allows mobile phone subscribers to change operators keeping their existing numbers unchanged....

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    NBR to set up tax unit for foreign cos

    Jasim Uddin | Updated at 01:54am on October 02, 2018

    National Board of Revenue has decided to set up a separate unit to handle income tax files of foreign companies operating in Bangladesh....

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    IMF worried about bad loans, governance in SCBs

    Staff Correspondent | Updated at 01:53am on October 02, 2018

    The visiting International Monetary Fund officials on Monday expressed concern over the growing non-performing loans in the state-owned commercial banks in absence of good governance, at a meeting with officials of Financial Institution Division....

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    European, Asian factory growth sputters on weakening exports

    Reuters . Bengaluru/Tokyo | Updated at 01:52am on October 02, 2018

    Growth in factory activity slowed across Europe and Asia in September, with export orders weakening before the latest escalation in the US-China trade conflict, in another sign the global economy is shifting into lower gear....

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    Vietnam’s first domestic car manufacturer bets big

    Reuters . Vietnam | Updated at 01:51am on October 02, 2018

    At a time when auto companies in the developed world are facing a squeeze on their profits from cash-rich tech firms, Vietnam is betting car-making can be a ticket to a more prosperous economy, just as it was for the likes of Japan and South Korea....

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    India pumps in liquidity in financial market

    Reuters . Mumbai | Updated at 01:49am on October 02, 2018

    The Reserve Bank of India (RBI) said on Monday it would pump 360 billion Indian rupees ($4.95 billion) into money markets in October, pledging to buy back government bonds as part of a bid to quell fears of a credit crunch cascading through the economy....

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    Airports taking action against rising seas, storms as climate changes

    Reuters . Singapore | Updated at 01:48am on October 02, 2018

    Global airport operators, faced with rising sea levels and more powerful storms as the climate changes, are starting to invest in measures including higher runways, seawalls and better drainage systems to future-proof immovable assets....

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    Shahidul become SJIBL MD, CEO

    Business Desk | Updated at 01:47am on October 02, 2018

    M Shahidul Islam has been appointed as the managing director and CEO of Shahjalal Islami Bank with effect from Monday, said a press release....

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    Canada, US deal saves NAFTA as trilateral pact

    Reuters . Ottawa/Washington | Updated at 01:46am on October 02, 2018

    The United States and Canada forged a last-gasp deal on Sunday to salvage NAFTA as a trilateral pact with Mexico, rescuing a three-country, $1.2 trillion open-trade zone that had been about to collapse after nearly a quarter century....

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    Grameen America distributes $1B in microloans to US women

    Staff Correspondent | Updated at 04:19pm on October 01, 2018

    Grameen America has distributed $1 billion in microloans to more than 1,00,000 low-income women entrepreneurs in 13 cities of United States since its...